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Showing 8241 - 8250 of 15804 results for "TER"

New FPA chief steps up

ALEX BURKE  |  TUESDAY, 1 MAR 2016
The new Financial Planning Association's new chief executive has commenced his appointment, succeeding Mark Rantall. Formerly general manager of policy and conduct since 2010, Dante De Gori was announced as Rantall's successor in November 2015; and ...

NZ Super announces merger mandate

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
The New Zealand Superannuation Fund has marked its first foray into merger arbitrage by appointing global investment manager Ramius for a US$200 million ($280m) mandate in the asset class. Ramius is the alternative investment management business of ...

A "must do" for the ECB

BENJAMIN ONG  |  TUESDAY, 1 MAR 2016
Latest euro area inflation data released by Eurostat has all but ensured that ECB President Mario Draghi will make good on his 21 January promise to "...reconsider our monetary policy stance at our next meeting in early March" aka increase policy stimulus. ...

Governance reform not targeting industry funds: O'Dwyer

MARK SMITH  |  MONDAY, 29 FEB 2016
Assistant Treasurer and Minister for Small Business Kelly O'Dwyer has insisted the proposed governance reforms for superannuation funds are not targeting the not-for-profit sector in a speech where she cited the privacy breach at Cbus as a sign that ...

New CEO at Board of Taxation

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Federal Treasury has announced an inaugural chief executive role at the Board of Taxation that will lead the work of the secretariat as well as all communication with industry stakeholders. Secretary to the Treasury, John Fraser, announced on Friday ...

ASX "debutantes" beating market dips

ALEX BURKE  |  FRIDAY, 26 FEB 2016
Despite ongoing volatility in domestic equities, initial public offerings retain strong growth momentum and continue to outperform the ASX 200 index. Deloitte's 2016 IPO report shows that $17.6 billion in new equity came into the Australian market in ...

International pension funds buy London City airport

MARK SMITH  |  FRIDAY, 26 FEB 2016
Three Canadian pension funds and the Kuwait Investment Authority have won the takeover battle for London City airport with an offer of about £2 billion ($3.9 billion). A consortium made up of Ontario Teachers' Pension Plan (OTPP), Borealis, AIMCo and ...

ING DIRECT adds to Living Super investment menu

MARK SMITH  |  THURSDAY, 25 FEB 2016
ING DIRECT Living Super has expanded the numbers of shares available on its investment menu to include S&P/ASX 300 shares as well as 26 additional ETFs. The company said the move is a result of increased demand by clients and their advisers, citing ...

Super not for plugging Budget holes: AIST

MARK SMITH  |  WEDNESDAY, 24 FEB 2016
The focus of superannuation tax reform should be on improving fairness rather than introducing Capital Gains Tax changes that will reduce retirement income for all Australians, The Australian Institute of Superannuation Trustees (AIST) has said. Commenting ...

IOOF boosts interim profit

ALEX BURKE  |  WEDNESDAY, 24 FEB 2016
IOOF has announced its interim results for 2016, demonstrating an underlying net profit boost of 18% to $95.4 million. IOOF's statement cited some of the drivers of this as being the successful integration of Shadforth, which resulted in $11 million ...